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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
READY FOR DEVELOPMENT! VACANT LOT FOR SALE!! Welcome to an exceptional opportunity in Leduc's vibrant Central Business District! This vacant CORNER lot, ideally situated in the heart of Leduc. LOT IS CLEARED, making it a prime canvas for ambitious developers. Location: Centrally located within Leduc's bustling business hub, this lot offers unparalleled convenience and exposure. Zoning: Non-residential commercial zoning opens up a multitude of development possibilities. Accessibility: Enjoy easy access from all angles, ensuring seamless logistics for customers, clients, and suppliers. Benefit from swift connectivity to Highway 2, a major artery connecting Leduc to Edmonton and beyond. This strategic location enhances the property's accessibility and visibility. Ideal uses: residential and commercial mixed use.50'X100' lot.HUGE potential for DEVELOPMENT of a 5 storey apartment building with main floor commercial use. NOTE: THIS PROPERTY CAN BE SOLD IN CONJUNCTION WITH 5004-48 AVENUE or SEPARATE. (id:39198)
Location
Province
Alberta
City
Leduc
Address
5002 48 Av
Postal Code
T9E7H7
Location Highlights
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Listed by
The Foundry Real Estate Company Ltd Alberta listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$449,900
Asking Price
$449,900
Cap Rate The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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